One of the many casualties of Liberia’s civil war was the traditional Liberian private sector. Small businesses particularly struggled in the aftermath of the conflict with limited access to financing and training opportunities. Virtually isolated from the formal export-import markets, the sector had been plagued with lower business incentives arising from lack of power and poor road networks.
The Ebola outbreak that began last year in Guinea, Sierra Leone, and Liberia, three of the four countries of the Mano River Union, is the most severe on record since the disease was first diagnosed in Central Africa in 1976. The impact of the epidemic has been devastating, calling into question our three countries’ significant socioeconomic progress in the aftermath of decades of conflict and instability.
Medium, Small and Micro Enterprises (MSMEs) are at the nucleus of Liberian private sector- the engine of growth. Harnessing their potentials in order to generate a rational appreciation of their contribution is the core of MSME policy crafted by the Liberian government; hence, the establishment of an annual MSMEs conference to highlight the plight and potential of these enterprises.
President Muhammadu Buhari is steadily moving towards his first hundred days in power as Nigeria’s fifteenth democratically-elected president. It is no surprise that all eyes are on him to see how he goes about tackling the multifarious problems facing the African giant.
As revelations from the Panama papers rock the world of politics and business in Africa and beyond, former President Thabo Mbeki of South Africa has highlighted the link between money hidden offshore and the huge illicit flows of money out of Africa.
From the point of manufacturing to household consumption, the viability of the business community is indispensable in enhancing the strength of any economy the world over, especially in Liberia with a micro-economy that relies heavily on small and medium enterprises to thrive. However, many businesses, especially Liberian-owned, continue to complain that high tariffs and other ‘double taxation’ regimes are creating bottlenecks for their survival.
Inside the political capital of Monrovia, lots of interesting and instructive developments are taking place. These developments may not be as crystal clear to many of the political and economic actors but it is our job to highlight and contextualize them, especially since they could lead to serious national consequences if appropriate actions are not taken.
In this first part of a series, we take a look at how the Liberian film industry is gradually rediscovering itself in what promises to be a long journey to the top.Liberia is yet to have the desired vibrant film or theatre culture although the efforts of a few creative spirits that have carried the flame over the years deserve to be acknowledged. These creative few have worked hard, especially at the embryonic stage, to push the boundaries and ensure an appreciation of the film and theatre culture.